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2300 Hwy 52 W

Dahlonega, GA 30533
  • $675,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 20077657
UPDATED: 55 min ago
$675,000
  • 0
    BEDS
  • 4.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2006
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Multi family properties on 4.12 acres, all leased. (1 of 2 parcels for sale, other parcel has 7 vacation rental suites on 5.8 acres for $825k) Enjoy the North Georgia Mountains with a profitable income producing property! Home and cabin currently have 3 leases (all have been in anywhere from 2.5-4 years) and the 4 units of restored apartments used for short-term vacation rental that can easily be converted to long-term studios. All furnishings of these 4 are included! Home, built in 2004, has been well maintained and currently has a tenant upstairs and a tenant downstairs. There are 2 cabins, built in 1960's, one used as a storage and the other has a long-term tenant. The 4 suite 1960's motel was completely restored in 2018 and is currently used as 4 vacation rentals. They each have a full kitchen and bath and could also be a great option to rent long term. Cabins are old and this would be a great place to build 3 tiny homes on the current 3 cabin foundations. County planning has approved to have grandfathered in the old setbacks. There is even more opportunity to increase income with updated cabins. Prime location, centered between Historic Dahlonega and Amicalola State Park, 8 miles from North Georgia University. Dahlonega is a popular 'Hallmark town' attracting visitors for the gold rush history, the wineries, outdoor trails. Seller also selling property across the street that is a fully restored 7 suite motel active and profitable on vacation rental. Must have a lender's pre approval or proof of cash at time of contract. Listing agent is part owner of the property.

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Georgia MLS logo© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Kimberly Miller and Fabiola Mui | Keller Williams Realty Consultants are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Kimberly Miller and Fabiola Mui | Keller Williams Realty Consultants. Data last updated: 2022-12-01T12:07:56.983.
www.realestatenorthgeorgia.com/homes/133617380
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2300 Hwy 52 W Dahlonega, GA 30533

  • Price: $675,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 55 min ago
  • MLS #: 20077657
0
Beds
0
Baths
0
½ Baths
4.18
Acres
2006
Built
Neighborhood:
None
County:
Lumpkin
Area:
LUMPKIN
Elementary School:
Blackburn
Middle School:
Lumpkin County
High School:
New Lumpkin County
Property Description
Multi family properties on 4.12 acres, all leased. (1 of 2 parcels for sale, other parcel has 7 vacation rental suites on 5.8 acres for $825k) Enjoy the North Georgia Mountains with a profitable income producing property! Home and cabin currently have 3 leases (all have been in anywhere from 2.5-4 years) and the 4 units of restored apartments used for short-term vacation rental that can easily be converted to long-term studios. All furnishings of these 4 are included! Home, built in 2004, has been well maintained and currently has a tenant upstairs and a tenant downstairs. There are 2 cabins, built in 1960's, one used as a storage and the other has a long-term tenant. The 4 suite 1960's motel was completely restored in 2018 and is currently used as 4 vacation rentals. They each have a full kitchen and bath and could also be a great option to rent long term. Cabins are old and this would be a great place to build 3 tiny homes on the current 3 cabin foundations. County planning has approved to have grandfathered in the old setbacks. There is even more opportunity to increase income with updated cabins. Prime location, centered between Historic Dahlonega and Amicalola State Park, 8 miles from North Georgia University. Dahlonega is a popular 'Hallmark town' attracting visitors for the gold rush history, the wineries, outdoor trails. Seller also selling property across the street that is a fully restored 7 suite motel active and profitable on vacation rental. Must have a lender's pre approval or proof of cash at time of contract. Listing agent is part owner of the property.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Foundation Details BlockSlab Garage YN No Levels One Lot Size Area 4.18 Lot Size Source Other Lot Size Units Acres Open Parking YN Yes Parking Features GuestOff StreetOver 1 Space Per UnitParking Pad Parking Total 13

Interior Features

Above Grade Finished Area Units Square Feet Basement Finished BathInterior EntryExterior EntryFinishedFull Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling ElectricCeiling Fan(S)Central AirHeat Pump Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating ElectricCentralHeat Pump Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee Includes None Association YN No Community Features None District 12 Gross Income 76200 Land Lot 265 Listing Terms 1031 ExchangeCashOwner 2NdOther New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi Family Section 1 Sewer Septic Tank Special Listing Conditions Agent Owned Structure Type Multi FamilyOther Tax Annual Amount 3309 Tax Year 2022 Utilities Other Water Source Well

GAMLS logo Listing provided courtesy of Keller Williams Rlty First Atl: 404-531-5700. © 2022 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Kimberly Miller and Fabiola Mui | Keller Williams Realty Consultants are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Kimberly Miller and Fabiola Mui | Keller Williams Realty Consultants. Data last updated: 2022-12-01T12:07:56.983.
 
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